All the headlines from our Construction Topic Page, ordered by recency.
Jun 11 2003 // Los Angeles-based Lemac & Associates has added another new market looking to quote residential subcontractors on an occurrence form. Requirements: Minimum premium is $250,000. Minimum SIR is $10,000. Limits can go as...
Jun 6 2003 // Mary Lou Mott, owner of Zaval-Tex Construction Company, and her office manager, Louise Humberson, are facing felony charges following a Travis County (Texas) grand jury indictment. According to Texas Mutual Insurance...
May 21 2003 // California State Compensation Insurance Fund and Contra Costa County District Attorney Bob Kochly announced that the former owners of the now bankrupt Richmond-based Barthell Construction and Roofing Co. have been...
Apr 21 2003 // Nuts & Bolts: buildersrisk.com is offering a course of construction available through any agent—no appointment or fees. Endorsements are available. Dollars: Policy limits up to $25,000,000; deductibles of $1,000...
Apr 9 2003 // Florida Governor Jeb Bush and Lt. Governor Toni Jennings announced comprehensive workers’ compensation reforms at a rally of Florida homebuilders at the state’s Capitol. At the rally, Bush commented that part...
Mar 14 2003 // Steven Imbriaco, government affairs counsel for the Professional Insurance Agents of Connecticut Inc., told the Insurance & Real Estate Committee of the Connecticut General Assembly during a public hearing on Tuesday...
Feb 24 2003 // The Colorado House of Representatives voted recently to protect consumers from unjustified lawsuits, which are reportedly driving up the cost of homes, medical care and insurance. In addition, the House Business Affairs...
Feb 14 2003 // An insurance adjustor who allegedly defrauded Allstate Insurance Company and several Allstate-insured homeowners who suffered damages during the 1994 Northridge earthquake was recently convicted of federal fraud...
Feb 14 2003 // A Brevard County, Fla., construction company owner has been charged with workers’ compensation insurance fraud after investigators with the Florida Department of Financial Services made an unannounced visit to one of...
Feb 3 2003 // The Colorado House of Representatives voted this week to protect consumers from unjustified lawsuits, which are driving up the cost of homes, medical care and insurance. In addition, the House Business Affairs Committee...
Jan 28 2003 // Germany’s Allianz has reissued a bulletin confirming the increased capacity of its Global Risks unit available to cover faulty design, faulty material and faulty workmanship – inherent defects – for up to...
Jan 13 2003 // Nuts & Bolts: American Pacific General Agency is offering a program for construction industry/roofers. Appointment only business.Dollars: Policy limits of $1,000,000. Deductibles-$2,500. Minimum premiums-$3,500 for...
Dec 23 2002 // Jim Shea has joined Acordia of California as vice president of its Construction Industry Division. Shea is a surety specialist with 16 years of insurance brokerage experience. He began his insurance career as a Surety...
Dec 19 2002 // Nuts & Bolts: American Pacific General Agency is offering a program for construction industry/roofers. Appointment only business.Dollars: Policy limits of $1,000,000. Deductibles of $2,500. Minimum premiums of $3,500...
Dec 10 2002 // A report, issued jointly by North Dakota’s Workers Compensation Executive Director and CEO Brent Edison and Secretary of State Al Jaeger, indicates that the inter-agency effort, the Construction Compliance Task...
Dec 6 2002 // The Bluebook International, Inc., a wholly-owned subsidiary of The Bluebook International Holding Company, a provider of insurance software technology, products and services for the insurance and related construction...
Dec 3 2002 // Dallas-based construction surety and insurance agency, Mullis Newby Hurst LP, announced a merger with Watson Agency Inc. The combined company will operate under the Mullis Newby Hurst name.“This merger gives our...
Nov 4 2002 // The Florida Department of Insurance announced that the president of Megen Corporation is facing charges of insurance fraud, forgery, and uttering forged documents stemming from the underwriting of a construction surety...
Oct 31 2002 // Ohio Casualty Corporation announced a net loss of $69.9 million, or $1.14 per share, for the third quarter ended September 30, 2002, compared to net income of $44.2 million, or $.73 per share, in the same period last...
Oct 28 2002 // Texas Mutual Insurance Co. reported that a Travis County Grand Jury indicted Stan and Cynthia Doze, operators of Doze Construction Co. Inc., on a second-degree felony charge related to workers’ compensation premium...